| Category | Shares | % | Value | Status |
|---|---|---|---|---|
| Circulating | 394.06M | 100.0% | $18.02B | Estimated |
| Free float | - | - | - | Unavailable |
| Insider-held, unrestricted | - | - | - | Unavailable |
| Locked team funds | - | - | - | Unavailable |
| Other restricted (unlisted classes only) | 2 | 0.0% | $91 | Verified |
| Total outstanding | 394.06M | 100.0% | $18.02B | Verified |
| Ownership views (overlap the categories above, never added) | ||||
| Institutional holdings (13F) | 212.18M | 53.8% | $9.70B | Estimated |
| Insider-held, all (Forms 3, 4, 5) | - | - | - | Unavailable |
Institutional and insider holdings can include both tradable and locked shares, so they are shown for reference and never added to the total. Check: no class has more shares deducted than it has outstanding, and the review found no shares that may be counted twice: reconciles.
Class B (not listed on any exchange)
2 shares
0.0% of total · $91
Class B shares are not listed on any exchange and cannot be traded as they are. A holder must first convert them into Class A shares, which can then be sold. FloatCap counts them outside circulating supply until converted.
Verified10-K, Cover page: shares outstanding by class; the class has no trading symbolApplied automatically to every unlisted class.
| Holder | Shares | % of total |
|---|---|---|
| BANK OF AMERICA CORP /DE/ | 14.21M | 3.61% |
| BlackRock, Inc. | 13.32M | 3.38% |
| GOLDMAN SACHS GROUP INC | 12.52M | 3.18% |
| CITIGROUP INC | 11.47M | 2.91% |
| Situational Awareness LP | 9.47M | 2.40% |
| Value Aligned Research Advisors, LLC | 8.47M | 2.15% |
| MORGAN STANLEY | 7.26M | 1.84% |
| BIT Capital GmbH | 7.03M | 1.78% |
| STATE STREET CORP | 6.39M | 1.62% |
| NORGES BANK | 5.20M | 1.32% |
Sum of long share positions in Form 13F reports for the quarter. 13F covers managers with over $100M in US equities; some positions are reported by more than one filer.
Form 4 aggregation pending
| Class | Listing | Shares outstanding | As of |
|---|---|---|---|
| Class A | IREN on Nasdaq | 394,058,648 | Aug 14, 2026 |
| Class B | Not listed (valued at IREN) | 2 | Jul 31, 2026 |